Page 15 - ஸூமிடோமொ மிட்ஸ்யூயீ வங்கி கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Reuters Staff 2 Min Read JOHANNESBURG (Reuters) - South Africa’s Standard Bank has hired an independent environmental and social advisor to help assess its involvement in Total’s East African Crude Oil Pipeline that environmental groups have opposed, it said on Monday. About 263 civil society organisations from around the world, have urged the chief executives of 25 banks not to participate in loans to fund the construction of the $3.5 billion East Africa Crude Oil Pipeline. They have argued in an open letter that this pipeline would pose immense threats to local communities, water supplies, and biodiversity in Uganda, Tanzania, Democratic Republic of Congo and Kenya.

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